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Cornerstones of a successful online entrepreneurship

It is said that out of 10 people who start a new online business, 9 of them fail. Even though this is a proven fact, let this not scare you; but rather stress the importance of understanding Cornerstones of a successful online entrepreneurship and what will make your venture successful online entrepreneur.

A majority of online entrepreneurs jump into a business without preparing a proper marketing and business plan; or industry research or survey. This is one of the reasons why there is a high fail rate in this industry.

Cornerstones of a successful online entrepreneurship

Cornerstones of a successful online entrepreneurship

The right mindset

Most people who start online entrepreneurship think that having an online business is equal to free money. One of the reasons for this belief is that most of the products you Will find in make money online niche they Will make you believe that you can make money by just clicking two links in one minute. This is not the case.

In order to succeed in online entrepreneurship, you need to have a willingness to work hard as long as it is necessary to achieve your goals.

You know sometimes you have top ut 20 hours workdays in order to live the online lifestyle

Recognizing and using leverage

Another cornerstone of your online entrepreneurship is recognizing and using leverage, this means you need to have a platform that you can use to spread your messages, you can build and set up a blog, an email list, a youtube channel or a social media following.

Creating your own Brand and becoming an authority in your niche is very important if you want to succeed as an online entrepreneur.

Building a set of useful contacts

I know that at this point you know that the money is in the list and that is 100% true, but there is another list you need to build a list of useful contacts.

In this list, you can put contacts of your business partners, virtual asistant, technical guys, blog owners etc. Remember it is not what you know, it is who you know will make you a success.

Having a mentor

Look at great athletes, Cristiano Ronaldo, Lionel Messi, Michael Jordan, Lebron James, Mike Tyson etc, great entrepreneurs like Jeff Bezos, Bill Gates or great scientist like Isaac Newton all they have one thing in common, they have a mentor.

You need someone who can guide you in this online entrepreneuership Venture, the reason you need a mentor is that they have been where you’re right now. They already made all the mistakes that you can posibly make, all you need to do is copy their recipe for success.

Final words

Those are the cornerstones of a successful online entrepreneurship, if you want to have a successfull online business you need to follow them.

 

 

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